Platts to launch USGC propane cargo assessments

Platts will launch daily assessments reflecting the value of propane cargoes loading at major US Gulf Coast export terminals on an FOB basis with effect from July 1, 2013.

The assessments will be published as outright prices, and as a differential to the Platts non-LST Mont Belvieu propane assessment. The assessments will reflect the value of 44,000 mt, Very Large Gas Carriers (VLGCs) loading 15 to 30 days forward from date of publication.